The intent of this update is not to be an in-depth treatment with new research, but to address basic questions flying around social media, with the hope of sparing analysts time in their research efforts.  That said, it turns out, based on the implications of the new court filing, that a lot of my old analysis has been borne out.  There will be plenty of links to that.  The original analysis, which has held up, provides background for verifying the explanations outlined below.

The topic is the latest filing by John Durham in the Michael Sussmann case.  The purpose of the filing is to advise the federal court of a potential conflict of interest for Sussmann’s legal counsel at the firm Latham & Watkins LLP.